Australia’s central bank board discussed the circumstances under which it would have to pivot to interest-rate hikes in 2026 as inflation risks shift to the upside, while reiterating that any future moves will hinge on economic data https://t.co/WvzwNQJPE7 ...

Core Viewpoint - The current market dynamics show an unusual correlation between rising stocks and precious metals, particularly gold, which has increased nearly 70% this year, significantly outperforming the S&P 500's 20% rise [1][2]. Gold Market Analysis - Gold's performance is attributed to geopolitical tensions, particularly following Russia's invasion of Ukraine, and the current U.S. administration's policies that may lead to increased inflation, benefiting gold prices [2][7]. - Historical patterns suggest that new long positions in gold at current levels may not be favorable, as past instances indicate potential corrections after significant price increases [3][4]. - Goldman Sachs projects a base case scenario for gold prices reaching $4,900 per ounce by 2026, with potential for further upside [4]. Market Volatility and Predictions - The current gold price is approximately 100% above its 60-month moving average, a situation not seen since 1939, raising concerns about a possible correction [5][9]. - The low volatility in the stock market, currently at 11%, is expected to rise closer to its historical average of around 20%, which could signal a market correction [10]. - The inflow of gold-backed ETFs has been increasing, contrasting with outflows from Bitcoin ETFs, indicating a shift in investor sentiment towards precious metals [11]. Cryptocurrency Outlook - Bitcoin is anticipated to revert to its historical mean of around $50,000, with skepticism about its ability to surpass $100,000 due to market saturation and overhype [12][14]. - The ratio of Bitcoin to gold has decreased to about 19 ounces of gold per Bitcoin, the lowest in nearly two years, suggesting a bearish outlook for Bitcoin compared to gold [16]. Conclusion on Precious Metals - Gold is expected to continue outperforming other commodities and the stock market, particularly in a declining stock market environment, which poses a significant risk for next year [15].

Can the positive momentum continue. Joining us now is Kay Okamura. He is New Burger Berman's portfolio manager for Japanese equities.And Kay, it's great to have you on the show. Given the fact that the bank of the Japan Bank of Japan has been hiking, can the equity market continue to power higher. >> Hi, thanks for having me on the show, Marine.So, let me let me break that down to a couple parts. First of all, uh we do think that the market can go higher and that's on the back of the fundamentals and the va ...

Gold and silver hitting new records today, both pasing for the best year since 1979. Copper is also at new highs. It's having its best year since 2009.Will the commodity runup continue in 2026. Well, joining us now, TD Securities global head of commodity strategy, Bart Malik. Bart, it's great to have you on and I want to start right there because it's been such a torid year.Whether it's precious metals or industrial metals, does it continue. >> Well, great to be here. Uh certainly we think uh that gold in t ...

Two of the most anticipated questions of 2026 are who will be the next Fed chairman and how many times will they cut rates. For some clues, let's welcome in Richard Fischer. He's the former Dallas Fed president, now a senior adviser at Jeffre.It's good to see you. Welcome back. >> Thank you and happy holidays to you and everybody at CNBC.>> Uh we appreciate you. Thank you. All right.Would you cut rates in 26 if you had the vote. >> Depends on what the numbers show. Uh we got some rather dodgy inflation numb ...

improve your skin at omnilux >> WELCOME BACK. TWO OF THE MOST ANTICIPATED QUESTIONS OF 2026 ARE WHO WILL BE THE NEXT FED CHAIRMAN, AND HOW MANY TIMES WILL THEY CUT RATES FOR SOME CLUES, LET'S WELCOME IN RICHARD FISHER. HE'S THE FORMER DALLAS FED PRESIDENT, NOW A SENIOR ADVISOR AT JEFFERIES.IT'S GOOD TO SEE YOU. WELCOME BACK. >> THANK YOU.AND HAPPY HOLIDAYS TO YOU AND EVERYBODY AT CNBC. >> WE APPRECIATE YOU. THANK YOU.ALL RIGHT. WOULD YOU CUT RATES IN 26 IF YOU HAD THE VOTE. >> IT DEPENDS ON WHAT THE NUMBERS ...

Market Trends & Investment Opportunities - Bullish signals for stocks are emerging, driven by contracting real yields following the latest inflation data [2][3] - Inflation trends are considered more critical than growth trends, with a contraction in inflation potentially setting up a bullish scenario for 2026 [3] - Global metals, including aluminum, steel, copper, gold, silver, and palladium, are experiencing bullish breakouts, indicating potential improvement in global activity [6][7] - Semiconductors remain firm and exhibit leadership within the tech space, presenting investment opportunities [9][10] - The market is bifurcated, presenting opportunities on both bullish and bearish sides across various sectors like discretionary, industrials, tech, and staples [11] Sector Analysis & Performance - Software sector is underperforming, with bearish signals confirmed, suggesting caution towards these names [8][9] - Bitcoin's uptrend is questionable, with a potential shift to a neutral or downtrend, although a year-end rally is anticipated [13][14] Global Economic Activity - Bullish breakouts are observed not only in the US but also in China and Europe, suggesting a global phenomenon [7]

The charts are telling a bullish signal for stocks. We're joined now by Jeff Degraph. He's chairman of Renaissance Macro.It's good to see you, cowboy. >> Good to see you, Scott. Thank you.>> Nice backdrop. >> I'll tell you, if you're if you're coming out west, don't come to ski. I'll tell you, it's better to suntan than it is to ski this year.So, >> I heard actually there was there was no snow, but there's beauty. >> That is for darn sure. >> Indeed.>> All right. So, I I painted this as a bullish signal in ...

So that's Tim Orbanowitz. He is the chief investment strategist at Innovator Capital Management. Tim, I've got to imagine, listen, that's Apollo.They've got their own thing. But it can't be a bad idea for your clients to have a little cash. What do they call it.Dry powder. Kelly said when things go down, they can buy them or should they be 100% invested right now. >> Well, Brian, you always want to be focused on managing risk.That that is front and center no matter what we're doing, especially when we we we ...

Market Outlook & Investment Strategy - Innovator Capital Management believes 2026 will be a unique year for investors, with consumers benefiting from tax cuts retroactively from 2025 and less withholding in 2026 [2][3] - The firm anticipates consumer spending will drive the economy and potentially push the S&P 500 to a target of 7,600 [3] - Managing risk remains a central focus for the firm, especially when considering the market outlook [2] - The firm is optimistic but not wildly so, projecting an S&P 500 target that aligns with historical market returns of approximately 8% plus dividend yield to reach about 11% [10] Consumer & Economic Factors - Consumer confidence has been low, but recent data shows signs of improvement, potentially driven by tax cuts [5] - Affordability is a major concern, particularly regarding high home prices, which have increased significantly since 2018 [7] - The impact of previous Federal Reserve interest rate cuts is expected to gradually influence the economy, potentially aiding with home prices [8] - Wage growth is slowing down, which could lead to a decrease in inflation, providing relief to consumers [9] Sector & Valuation Analysis - Discretionary and staples sectors have underperformed, but the firm believes they could experience a resurgence due to increased consumer spending [5][6] - Early bull market rallies are driven by valuation expansion, but the focus is shifting to earnings growth, particularly in 2026 [11][12] - The firm anticipates a slight contraction in valuations this year, emphasizing the importance of focusing on earnings growth [13]